Price and Nonprice Rivalry in Oligopoly

Name: Price and Nonprice Rivalry in Oligopoly
Brand: Springer Nature
SKU: 9780230503717
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Springer Nature

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9780230503717

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Product Description

The theory of price and quality decision-making in industries with a few firms which recognize their mutual interdependence is of increasing interest to economists and policy makers. This book introduces a novel theory of that decision-making, based upon the notion of the industry as a community of agents who are involved in both competitive and cooperative relationships. It develops theories and illustrates methodological approaches to the analysis of price and quality decision-making in such instances of a 'rivalrous consonance of interests' among firms.

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